I think the clash between globalization and countries (sovereign governments) is just being delayed for no good. It is proving more and more that globalization doesn't work with sovereign governments.
Case in point: Let's say the US government gets strict with Apple and taxes it heavily. Apple already produces its iPhone hardware in China. Its sales are derived from the whole world and the Chinese market might become bigger than the American one. So Apple could just move to an off-shore jurisdiction that is out of hand of the US government.
Boom. Apple escapes the US tax penalty. They might even be able to carry on their US engineer development while being listed as a Hong Kong or Singapore company. The only way to stop that, is for the US to pressure these smaller off-shore city-states.
But smaller and other non-major countries can't do that. So big corporations will be able to screw them. In the end, you'll either end up with weak governments which end up breaking down under the negative financial effect; or have the US rule the world "fiscally".
Case in point: Let's say the US government gets strict with Apple and taxes it heavily. Apple already produces its iPhone hardware in China. Its sales are derived from the whole world and the Chinese market might become bigger than the American one. So Apple could just move to an off-shore jurisdiction that is out of hand of the US government.
Boom. Apple escapes the US tax penalty. They might even be able to carry on their US engineer development while being listed as a Hong Kong or Singapore company. The only way to stop that, is for the US to pressure these smaller off-shore city-states.
But smaller and other non-major countries can't do that. So big corporations will be able to screw them. In the end, you'll either end up with weak governments which end up breaking down under the negative financial effect; or have the US rule the world "fiscally".
It seems that we are going for the latter: https://en.wikipedia.org/wiki/Foreign_Account_Tax_Compliance...